Navigating today’s global business environment requires guiding your organization over a sea of risks and through a fog of regulations. However, with the right governance, risk, and compliance (GRC) solution to assess risk, manage and audit policies and controls, and monitor compliance, organizations can mitigate risk and avoid many compliance incidents. Even with a robust GRC framework in place, compliance incidents will still occur. When organizations are struck by a loss or incident, they need a GRC solution that can help repair the damage as quickly as possible, minimize the penalties related to the incident, and avoid such incidents in the future.
Passport GRC is designed to simplify the work of compliance, risk, and audit staff, as well as exploit the inherent link between corporations’ GRC and legal department activities. As an extension of Datacert’s enterprise legal management solution suite, Passport GRC integrates seamlessly with Passport Matter Management and Legal Spend Management. This close integration of legal and GRC solutions streamlines communication, information-sharing, and cost management for compliance issues that eventually become legal matters, creating a closed-loop process that provides visibility into the true cost of non-compliance.
By Guest Blogger: Datacert, Inc.
